Perenti Fatality Free but Slides on Key Safety Metric

Perenti fatality free but slides on key safety metric

Investors have welcomed a bolstered balance sheet from Perenti, but the listed contractor has had to assure it will ‘remain vigilant’ after failing to reduce injury frequency rates during the year.

Record year for Perenti - Australian Mining

Image: Andrey_Popov/shutterstock.comPerenti has powered through the 2024–24 financial year (FY25) with a record-breaking result, including a record $333 million in underlying earnings before interest, taxes, and amortisation (EBITA). Revenue hit an all-time high of $3.49 billion, up 4 per cent on FY24, driven by growth in drilling services and another steady contribution from contract mining. Underlying EBITA rose 6 per cent to $333 million, lif…